This graph clearly shows why some "experts" are talking double dip recession. The trend is unmistakable. On June 24th, the government will release the final GDP estimate for the first quarter 2011. The first two estimates have been 1.8% and we shouldn't expect much change to this disappointing benchmark. In real estate, I am not sure we improved to a level where the industry is again trending down. Ask yourself this question, was your business better off from April - June, 2011 than the first quarter of this year?
I am optimistic and positive about opportunities and time to reinvent our business. You just have to look for the opportunity --- act rather than react!
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